The Iraqi Government announced that it would impose additional taxes on a number of products in the budget for the year 2018 for trillion dinars, indicating that all five retired retirement will place one employee providing 600 billion dinars.
The Iraqi Government source said, "the economy" in the news ", balancing in 2018, the Government will set up measures to reduce non-oil primary disability on an accrual basis in the amount of IQD 2.3 trillion compared to the supplementary budget bill for the year 2017.
"The 2018 balancing program includes comparative or specific taxes low on a few products or additional services besides taxes previously imposed on the supplementary budget for the year 2017 to increase direct taxes by $1 trillion dinars in 2018."
The budget program included capping lmkavat allowances and overtime allocations does not exceed 350 000 per month for all civil servants, thus achieving an abundance amount 500 billion dinars.
He pointed out that "all five retired retirement will place one employee providing 600 billion dinars.
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The Iraqi Government source said, "the economy" in the news ", balancing in 2018, the Government will set up measures to reduce non-oil primary disability on an accrual basis in the amount of IQD 2.3 trillion compared to the supplementary budget bill for the year 2017.
"The 2018 balancing program includes comparative or specific taxes low on a few products or additional services besides taxes previously imposed on the supplementary budget for the year 2017 to increase direct taxes by $1 trillion dinars in 2018."
The budget program included capping lmkavat allowances and overtime allocations does not exceed 350 000 per month for all civil servants, thus achieving an abundance amount 500 billion dinars.
He pointed out that "all five retired retirement will place one employee providing 600 billion dinars.
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$20 million in annual profits for foreign contributions fund»
General Director of «foreign Iraq Development Fund» Hussein Jaber, the Fund's annual earnings rate of external contributions «between 18 million and 20 million per year, with staff costs of the Fund does not exceed 1.7 million dollars a year», «revealing there to solve the Central Fund The parliamentary opposition calls for support and increase its capital.
The Fund was founded in 1974 as a financial institution with moral character and financial and administrative autonomy, with a capital of 50 million Iraqi dinars, then ($ 42.7), gradually rising in 1980 to 200 million dinars. And policy development fund missions to invest funds and report contributing to development projects and programmes, and the adoption of the conditions of the loans and borrowing to fund and follow Iraq finance and foreign relations, multilateral and bilateral, and everything related to the management of contributions to organizations Corporate funds and international and regional bodies, and the joint Arabic and all related foreign loan agreements and fiscal ones.
I b t Jaber told the London-based Al-Hayat newspaper, that the Fund «since its Foundation grant for development projects of medium and long-term loans for developing Arabic countries on favourable terms and contribute to the development projects, particularly investment nature of economic integration Employment, public and private funds to ensure the development of economic development in developing Arabic States, securing its experiences and cooperate with Arabic and international development funds».
He stressed that «the Fund plays a very important role, especially in the current circumstances where Iraq, financial crisis, know the size of the Iraqi money invested abroad, but who begs moo and solve the box and attach it to one of the services of the Ministry of finance, because Iraq does not have Large investments».
Jaber drew that «the Fund was established with the aim of developmental lending and investment goal was simple benefits surpluses and long periods of up to 25 years and a grace period ranging between 5 and 7 years before the first payment, the first loan in 1974 and the last in 1982, also increased capital through the Finance Ministry contributions in Five other international funds switched to the Iraqi Fund nearly 750 million dollars.
He noted that the Fund's capital currently stands at 1.5 billion dollars, and seek to recalibrate the assets and we only proceeds of foreign contributions Nini».
And what kind of investments carried out by Iraq, said Jabber: «restricted foreign investment in accordance with the State contributing, there are investments in Kuwaiti dinars and dollars in Jordanian dinars and Sudanese pound, and when we calculate their returns turned into dollars and then to the Iraqi dinar, Iraq's share These companies range from between 0.5 and 50 percent.
He stressed that "Iraq after the year 2003 did not contribute to the astus Marat outside Yeh, and closed all internal and external accounts and the proceeds go to the Treasury or to the Development Fund for Iraq, while the Finance Ministry account accumulates revenue that exceeded $200 million.
Either the Fund staff salaries, they are grants from the Ministry of finance, opening in 2014 the new account to the Fund started plus revenue and reached 50 million dollars towards credited the Iraqi Trade Bank «», this cash can be invested. Jaber stressed «the Fund contributes 30 companies both internally and externally, and 21 winner and loser companies, there are companies stumble and contributors are trying to shift the Iraq of projects involving».
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The Fund was founded in 1974 as a financial institution with moral character and financial and administrative autonomy, with a capital of 50 million Iraqi dinars, then ($ 42.7), gradually rising in 1980 to 200 million dinars. And policy development fund missions to invest funds and report contributing to development projects and programmes, and the adoption of the conditions of the loans and borrowing to fund and follow Iraq finance and foreign relations, multilateral and bilateral, and everything related to the management of contributions to organizations Corporate funds and international and regional bodies, and the joint Arabic and all related foreign loan agreements and fiscal ones.
I b t Jaber told the London-based Al-Hayat newspaper, that the Fund «since its Foundation grant for development projects of medium and long-term loans for developing Arabic countries on favourable terms and contribute to the development projects, particularly investment nature of economic integration Employment, public and private funds to ensure the development of economic development in developing Arabic States, securing its experiences and cooperate with Arabic and international development funds».
He stressed that «the Fund plays a very important role, especially in the current circumstances where Iraq, financial crisis, know the size of the Iraqi money invested abroad, but who begs moo and solve the box and attach it to one of the services of the Ministry of finance, because Iraq does not have Large investments».
Jaber drew that «the Fund was established with the aim of developmental lending and investment goal was simple benefits surpluses and long periods of up to 25 years and a grace period ranging between 5 and 7 years before the first payment, the first loan in 1974 and the last in 1982, also increased capital through the Finance Ministry contributions in Five other international funds switched to the Iraqi Fund nearly 750 million dollars.
He noted that the Fund's capital currently stands at 1.5 billion dollars, and seek to recalibrate the assets and we only proceeds of foreign contributions Nini».
And what kind of investments carried out by Iraq, said Jabber: «restricted foreign investment in accordance with the State contributing, there are investments in Kuwaiti dinars and dollars in Jordanian dinars and Sudanese pound, and when we calculate their returns turned into dollars and then to the Iraqi dinar, Iraq's share These companies range from between 0.5 and 50 percent.
He stressed that "Iraq after the year 2003 did not contribute to the astus Marat outside Yeh, and closed all internal and external accounts and the proceeds go to the Treasury or to the Development Fund for Iraq, while the Finance Ministry account accumulates revenue that exceeded $200 million.
Either the Fund staff salaries, they are grants from the Ministry of finance, opening in 2014 the new account to the Fund started plus revenue and reached 50 million dollars towards credited the Iraqi Trade Bank «», this cash can be invested. Jaber stressed «the Fund contributes 30 companies both internally and externally, and 21 winner and loser companies, there are companies stumble and contributors are trying to shift the Iraq of projects involving».
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IMF: tariff rate structure applicable in Iraq 1% and revenues of less than $600 million in customs
The International Monetary Fund said that the price of the tariff structure in force in Iraq stands at 1%, adding that Iraq's revenues from Tehran for goods over the past year amounted to less than 600 million dollars, indicating that Iraq imported goods worth 53 billion dollars through the year 2016.
The IMF said in a report published about "Iraq" and "informed" economy, that "the outcome of Tehran in Iraq is very small compared to the size of the economy depends on imports to meet local needs," pointing out that Iraq "depends on a lot of foreign goods to satisfy Consumer needs and pay a huge bill annually on imports estimated at 53 billion dollars last year.
He pointed out that "customs fees collected during the year 2016 was less than 600 million dollars, customs tariff applicable rate 1%".
The IMF attributed the revenue from customs to customs tariff act which involves many exemptions and poor governance structure and spread of border gaps. "
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The IMF said in a report published about "Iraq" and "informed" economy, that "the outcome of Tehran in Iraq is very small compared to the size of the economy depends on imports to meet local needs," pointing out that Iraq "depends on a lot of foreign goods to satisfy Consumer needs and pay a huge bill annually on imports estimated at 53 billion dollars last year.
He pointed out that "customs fees collected during the year 2016 was less than 600 million dollars, customs tariff applicable rate 1%".
The IMF attributed the revenue from customs to customs tariff act which involves many exemptions and poor governance structure and spread of border gaps. "
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Oil filling stations near declares in Nineveh
The oil Ministry announced Friday, continued processing of petroleum products to the liberated areas of organizing "ISIS", emphasizing the needs of citizens and the armed forces of those derivatives and rehabilitate processing governmental outlets indicated near run packing plants in kdaaein and three Aspects in Nineveh.
Said General Manager distribution of oil products Urrego in a manager has received a copy of "news," the company succeeded in meeting the needs of Nineveh and liberated cities petroleum needs, a great relief to the citizens for the preservation of the availability of products And distribution of high flow oil ".
"Derivatives are processed for citizens and the armed forces and the popular crowd, hospitals and camps for displaced persons through ports or through walhodiat mechanisms of the oil products distribution company.
Punting noted that "after achieving victories in Tal Afar and the surrounding areas, you will be in the next few days run packing plants in Tall Afar, Kairouan webadosh" walmhalbih and "abeth Hill after rehabilitation due to sabotage by terrorist gangs to secure The needs of the citizens of fuel. "
The Director General said that "in response to the directives allaibi Jabbar oil Minister and by continuing to recover company property and rehabilitate the distribution outlets in Nineveh was 42 new pump control and counters in large numbers as well as integrated workshops and vacuum pumps is priceless. ".
He was also a number of heavy vehicles, generators and tanks of gas products and damaged some of the military operations and has been seized and transported to the County's branch stores for rehabilitation and utilized in processing operations. "
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Said General Manager distribution of oil products Urrego in a manager has received a copy of "news," the company succeeded in meeting the needs of Nineveh and liberated cities petroleum needs, a great relief to the citizens for the preservation of the availability of products And distribution of high flow oil ".
"Derivatives are processed for citizens and the armed forces and the popular crowd, hospitals and camps for displaced persons through ports or through walhodiat mechanisms of the oil products distribution company.
Punting noted that "after achieving victories in Tal Afar and the surrounding areas, you will be in the next few days run packing plants in Tall Afar, Kairouan webadosh" walmhalbih and "abeth Hill after rehabilitation due to sabotage by terrorist gangs to secure The needs of the citizens of fuel. "
The Director General said that "in response to the directives allaibi Jabbar oil Minister and by continuing to recover company property and rehabilitate the distribution outlets in Nineveh was 42 new pump control and counters in large numbers as well as integrated workshops and vacuum pumps is priceless. ".
He was also a number of heavy vehicles, generators and tanks of gas products and damaged some of the military operations and has been seized and transported to the County's branch stores for rehabilitation and utilized in processing operations. "
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The oil Ministry: completion of important steps to implement the Convention to export gas to Kuwait
Iraqi oil Minister Jabbar Ali Hussein allaibi, Friday, the Joint Technical Committee between Iraq and Kuwait advanced and important strides to expedite the implementation of the Convention on the export of Iraqi crude gas redundant from Rumaila to Kuwait.
Allaibi said in a statement it had received "economy", "Joint Commission completed all procedures relating to it, and now she is putting the finishing touches to the implementation of the Convention during the near future."
"The agreement provides for export 50 million standard cubic feet per day of gas from Rumaila field in Basra in the first phase down to 200 million standard cubic feet per day within the second phase of the Convention".
Allaibi described the Kuwaiti side authentication by "significant accomplishment after decades, it puts things right and contribute to the settlement of all outstanding issues between the two countries and promoting bilateral relations between the two countries and expand investment opportunities and prospects for cooperation".
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Allaibi said in a statement it had received "economy", "Joint Commission completed all procedures relating to it, and now she is putting the finishing touches to the implementation of the Convention during the near future."
"The agreement provides for export 50 million standard cubic feet per day of gas from Rumaila field in Basra in the first phase down to 200 million standard cubic feet per day within the second phase of the Convention".
Allaibi described the Kuwaiti side authentication by "significant accomplishment after decades, it puts things right and contribute to the settlement of all outstanding issues between the two countries and promoting bilateral relations between the two countries and expand investment opportunities and prospects for cooperation".
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Naseer shamma Yahia concert in Baghdad, sponsored by the Association of private banks
Live world musician Naseer shamma, a concert in the National Theatre in central Baghdad to mark world peace day in the presence of the Deputy Representative of the UN Secretary General in Iraq, Gheorghe Boston and representative of the Iraqi Central Bank Governor and the President and representatives of the Association of private banks.
He participated in the ceremony more than a thousand people, including several Iraqi Government officials and representatives of foreign embassies in Iraq, and embraced his Iraqi private banks Association over the material and logistical support through private banks and some volunteer teams, and will fully support the party rents families Displaced.
And made music with his band sniff consisting of 13 professional musicians came from foreign countries and several Arab melodies including "Spring" and "sunshine" and "flats" and "martyr's tale" and "Persians" and the national anthem of the Republic of Iraq, the Tunisian poet Mazen Al-Sharif also delivered a poem sung by Iraq and its role in the nation. Arabic.
Sniff said during the ceremony that "the draft Baghdad, which aims to rehabilitate 20 yard in Baghdad begins soon after the completion of the legal proceedings," he said, adding that "this project is supported by a number of private and Government banks in coordination with the Iraqi private banks Association, adding that the World Bank would be Admin on the implementation of the draft.
He noted that the Association of private banks is considered a strategic partner to us via support for a number of initiatives launched in the past years, "ideas about the role of the Association of private banks in setting up this event and participating volunteer teams, the President of bitter melon," meek Association revived the world day of peace Baghdad carries deep humanitarian connotations that would remove all the manifestations of grief that reigned in the Iraqi society because of wars and terrorist organizations, "adding that" the Association of private banks have set up this party to share our joy of freeing cities from terrorism, especially since the security forces have now been liberated last stronghold ISIS in Kirkuk and Anbar. "
He participated in the ceremony more than a thousand people, including several Iraqi Government officials and representatives of foreign embassies in Iraq, and embraced his Iraqi private banks Association over the material and logistical support through private banks and some volunteer teams, and will fully support the party rents families Displaced.
And made music with his band sniff consisting of 13 professional musicians came from foreign countries and several Arab melodies including "Spring" and "sunshine" and "flats" and "martyr's tale" and "Persians" and the national anthem of the Republic of Iraq, the Tunisian poet Mazen Al-Sharif also delivered a poem sung by Iraq and its role in the nation. Arabic.
Sniff said during the ceremony that "the draft Baghdad, which aims to rehabilitate 20 yard in Baghdad begins soon after the completion of the legal proceedings," he said, adding that "this project is supported by a number of private and Government banks in coordination with the Iraqi private banks Association, adding that the World Bank would be Admin on the implementation of the draft.
He noted that the Association of private banks is considered a strategic partner to us via support for a number of initiatives launched in the past years, "ideas about the role of the Association of private banks in setting up this event and participating volunteer teams, the President of bitter melon," meek Association revived the world day of peace Baghdad carries deep humanitarian connotations that would remove all the manifestations of grief that reigned in the Iraqi society because of wars and terrorist organizations, "adding that" the Association of private banks have set up this party to share our joy of freeing cities from terrorism, especially since the security forces have now been liberated last stronghold ISIS in Kirkuk and Anbar. "
Central Bank: a video that appeared in the Special Fund received Iraqi money portraying
The Iraqi Central Bank announced Saturday that video that appeared in the Special Fund received Iraqi money "staged", adding that it aimed to disrupt the Government's successes in crossing difficult financial crisis, with the Central Bank.
The Central Bank said in a press release received by "economy" what news has been circulating recently from a video about Central Bank which appears in a closed box and stamped wrote it in Arabic and English Bank name and opens it carefully by people wearing gloves like doctors as special receipt of money but Contains the toilet paper, is the video was doctored to clear him. "
"The Central Bank receives a dollar from the US Federal Reserve Bank big boxes and some sequences numbers written on them, and don't write any names for those received whether the German Central Bank of Iraq or", stating that "the Bank receives the dinar from the course Containers containing foreign numbers and symbols and not write them currency type or the name of the beneficiary bank.
"Assuming that the Central Bank opened one of the boxes or containers and found such things, the sending side of the banknotes bear compensation and this never happened and will never happen, because the course is sending an Iraqi banknotes worthless or inherently cost because it was not issued for circulation.
"For the dollar is contained of the biggest monetary and political institution in the world and is standard packages crafted from printed dollar and not from a small institution and that if the articles contained in the alleged Fund backup tools for elevators or counting machines, we don't pay the price for a letter of guarantee.
The Bank said that "the goal of this video was doctored is jammed on the success of the Central Bank in managing monetary and financial affairs, even indirectly, to jam the Government's successes in crossing difficult financial crisis, with the Central Bank, and above all, to confuse the great victories on terrorism With the help of Allah almighty and the sacrifices of Iraqis.
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The Central Bank said in a press release received by "economy" what news has been circulating recently from a video about Central Bank which appears in a closed box and stamped wrote it in Arabic and English Bank name and opens it carefully by people wearing gloves like doctors as special receipt of money but Contains the toilet paper, is the video was doctored to clear him. "
"The Central Bank receives a dollar from the US Federal Reserve Bank big boxes and some sequences numbers written on them, and don't write any names for those received whether the German Central Bank of Iraq or", stating that "the Bank receives the dinar from the course Containers containing foreign numbers and symbols and not write them currency type or the name of the beneficiary bank.
"Assuming that the Central Bank opened one of the boxes or containers and found such things, the sending side of the banknotes bear compensation and this never happened and will never happen, because the course is sending an Iraqi banknotes worthless or inherently cost because it was not issued for circulation.
"For the dollar is contained of the biggest monetary and political institution in the world and is standard packages crafted from printed dollar and not from a small institution and that if the articles contained in the alleged Fund backup tools for elevators or counting machines, we don't pay the price for a letter of guarantee.
The Bank said that "the goal of this video was doctored is jammed on the success of the Central Bank in managing monetary and financial affairs, even indirectly, to jam the Government's successes in crossing difficult financial crisis, with the Central Bank, and above all, to confuse the great victories on terrorism With the help of Allah almighty and the sacrifices of Iraqis.
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